Brokers With No Identity Checks
Open an account in seconds and trade CFDs on Forex, cryptocurrencies and shares anonymously. Keep your trading activity anonymous, away from prying eyes.
Start trading in minutes, with no prior identity checks, when you fund your account with crypto. Easily buy crypto through its platform if you have none. PrimeXBT.com's trading platform was voted "Best Platform for Trading with Leverage" in 2020 and "Best Crypto and Forex Broker" in 2019.
- Markets: Forex (CFD), Cryptos (CFD)*, Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: Copy trading, Mirror trading
- Regulators: None
- Incorporated: 2018
Trade Forex as well as CFDs on cryptocurrencies, stocks, indices and commodities with an STP/ECN broker. EagleFX (EagleFX.com) allows all trading styles and Expert Advisors on MetaTrader 4.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4
- Regulators: None
- Incorporated: NA
Top 2 Brokers With No ID Checks in 2022
Trade 55 currency pairs, crypto-currencies as well as CFDs on commodities, stock indices and popular shares with flexible leverage up to 500 times your deposit. EagleFX.com supports the MetaTrader 4 trading platform, and accepts all trading styles, including hedging, scalping and news trading. Open an account from just $10 in USD, GBP, EUR or Bitcoin.
Trade 46 currency pairs, crypto-currencies as well as CFDs on precious metals, energies and stock indices with PrimeXBT.com. PrimeXBT's trading platform was voted "Best Platform for Margin Trading" in the 2020 ADVFN International Finance Awards. PrimeXBT only accepts crypto-currency deposits, in the form of Bitcoin, USDT or USDC. However, if you don't already own crypto-currency, you can buy some through its website with your credit card. Purchases are processed through CEX.io, an established crypto exchange.
Speed: with EagleFX and PrimeXTB, you can open an account in seconds and fund your account immediately after that. This will allow you to seize trading opportunities, when speed is a key consideration. In contrast, most brokers will require that you provide proof of identity and proof of address, which may also may need to be certified.
Anonymity: you'll be anonymous to your broker as they require neither proof of identity nor proof of address. If you trade with EagleFX.com you'll only need an email address and a telephone number to verify your account. If you trade with PrimeXBT, you'll only need an email address and may add Two-Factor Authentication for enhanced security. You should note that both brokers reserve the right to subsequently request further documents in order to meet anti-money laundering requirements.
Privacy: because neither EagleFX nor PrimeXBT.com require tax identification numbers, your trading activity and any profits will remain private. It is, however, your responsibility to ensure that any taxes due are paid.
Lack of transparency: brokers without ID checks, also called "Know Your Customer" checks, are typically incorporated in countries with weak governance standards. This means that you may struggle to find out who owns and is running these businesses.
Lack of protection: brokers with no KYC checks are typically incorporated in countries without investor compensation funds. This is the case with EagleFX and PrimeXTB, who operate from Dominica and St. Vincent and the Grenadines respectively. This means that you could lose the entirety of your balance, in the unlikely event of your broker's bankruptcy. In contrast, investors who trade through brokers regulated by the FCA or CySEC are automatically eligible for protection, up to a certain amount.
Risk of fraud: crucially, you will need to trust your broker to do the right thing. For this reason, we suggest trading through established players like EagleFX.com or PrimeXBT.com, as both have achieved recognition in their industry. You may also want to open an account with more than one broker in order to diversify your investments.
If you open an account with either, post a message in our forums to share your experience with others. Both companies will also reward you financially for referring other users.
Trade up to 71 currency pairs as well as CFDs on metals, commodities and indices through MT4. STP ... MoreTrade up to 71 currency pairs as well as CFDs on metals, commodities and indices through MT4. STP trading with no requotes. Swap-free account only available to clients of Muslim faith.
- $20 deposit
- 1:300 leverage ?
- 1.1 pips EUR/USD
Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not ... MoreTrade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not charge rollover fees or swaps on overnight positions. You cannot invest in crypto-currencies through this account. This account, registered in the British Virgin Islands, has significantly higher leverage.
- $100 deposit
- 1:400 leverage ?
- 1.9 pips EUR/USD
Trade Forex as well as CFDs on shares, indices and metals on floating spreads without commission. ... MoreTrade Forex as well as CFDs on shares, indices and metals on floating spreads without commission. This account, designed for Muslim clients, does not incur swap or rollover charges for holding positions overnight. Terms and conditions apply.
- $100 deposit
- 1:500 leverage ?
- 1.2 pips EUR/USD
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